Right, and he also says it will be Jihan Wu's forked version of BTC. And he is a friend of Wu... Looks like he is pumping his friends (future) asset.

I'm very bullish on BTC, and when I tell people my price expectations, they think I'm crazy. But $500,000 within three years is just stupid; the probability for that is very, very low.

And I bet none of those bets will happen. Anybody can say: "Send the contracts over." Doesn't mean he will sign them... Why should he? For sure he is already heavily invested in BTC, he doesn't need additional bets against people from all over the world whom he has no idea if they will pay or not.

Btw, his real prognosis is 2-5 million dollars... That half a million is just what he is willing to bet about.

$500,000 in three years, that is by far the biggest bitcoin price prediction anyone has made, maybe the boldest since he put a bet on his prediction and surely the craziest since it is backed by the faith in Jihan

Now he can say whatever he wants but who can actualy say what will happen in the next three years. In cryptocurrencies world this is a realy long time. If everything goes well with current issues and August 1 the price will go up, that is for sure, but still his price sounds a bit exaggerated.

500K in 3 years? I'd eat my own dick if this will happen. I've kept 2 BTc in my wallet for a very long time and if it will be worth 1 Million after 3 years. I'd buy another dick for John so he can suck it anytime my way of saying thanks.

Well exponential growth can make this happen, you cannot predict what will happen. In terms of exponential growth, 3 years is probably not enough, but 5-10 years things can change enough for BTC to explode into a ridiculous price overnight as more and more useless fiat money enters the capital B blockchain, specially when bond market collapses and gold continues to underperform a lot of trillions will come.

We don't know actually waht will happen to the price of bitcoin in the next 3 years because we are not fortune teller. The value of btc is depends on people who are using it and the bussinessman behind it. Let's wait for the price to get higher and let's find out if he is correct on his words.

It depends. Only those person who are in charge of bitcoin value's swinging are the responsible. If there is a person that will know if bitcoin price will het 500$, that would be no one because we can't say that bitcoin price is 500$ in the next 3 years. It's either more higher or lower than it.

That was one of the shittiest comments I ever saw from someone and even replied to him for his ^Bets?^ part.Speculation is one thing, but going insane over few things could lead these people in hospital. /sarcasmBitcoins should not be seen as penny stocks or whatever these so-called investors are taking it as, but should be taken as a currency if we want it to grow as a global currency and not a tradable instrument only.